( ) -q-25- UNDATED (Correspondent Jeremy House) “competitive robotaxi market.” General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. [CutID: <Cuts> GM-ROBOTAXIS-house-q-WEDam.mp3 Time: 25s Title: GM-ROBOTAXIS-house-q-WEDam Out-cue: competitive robotaxi market] TAG: Correspondent Jeremy House reporting. ———————– VERBATIM: Instead the Detroit automaker will focus on development […]
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GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
( ) -q-25- UNDATED (Correspondent Jeremy House) “competitive robotaxi market.”
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
[CutID: <Cuts> GM-ROBOTAXIS-house-q-WEDam.mp3
Time: 25s
Title: GM-ROBOTAXIS-house-q-WEDam
Out-cue: competitive robotaxi market]
TAG: Correspondent Jeremy House reporting.
———————–
VERBATIM: Instead the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise, which allows drivers to take their hands off the steering wheel. GM said it would get out of the robotaxis business because of what it described as the considerable time and resources that would be needed to scale the business. The company also cited an increasingly competitive robotaxi market.